Regular Savings Accounts: The Best Currently Available List!

friolento

flaneurs_lobster said:

I'm also astonished that no one here picked it up before YBS did.

It's probably because regular regular saver savers have confidence that a provider's systems are quite reliable, and certainly more reliable than the Marketing and Communications department.

Good on YBS, nonetheless, to come forward with a correction. Spare a thought for the poor sod in YBS Marketing who messed up...it is probably the last time they'd be allowed to make a mistake like this, and I hope YBS will give them another chance

Bazzalona13295

flaneurs_lobster said:

Gers said:

When you took out your Christmas Regular eSaver 2024 account, we provided you with a factsheet containing important information about it. Unfortunately, the projected interest illustration in the factsheet was incorrect. We’re very sorry about this.

Woops, someone calculated 12 months rather than 10 methinks. Unprofessional that it wasn't picked up by YBS prior to publication, they're the third largest BS in the country FGS.

I'm also astonished that no one here picked it up before YBS did.

It is surprising no one picked it up, more on their part tham here though. I don't see myself putting in anywhere near the £150 per month so never checked, I can put 500 in between now and October I've done well.

Bridlington1

friolento said:

flaneurs_lobster said:

I'm also astonished that no one here picked it up before YBS did.

It's probably because regular regular saver savers have confidence that a provider's systems are quite reliable, and certainly more reliable than the Marketing and Communications department.

Good on YBS, nonetheless, to come forward with a correction. Spare a thought for the poor sod in YBS Marketing who messed up...it is probably the last time they'd be allowed to make a mistake like this, and I hope YBS will give them another chance

I wonder if it's the same person who made this error last year with their Christmas 2023 Regular Saver/eSaver?

allegro120

Bridlington1 said:

friolento said:

flaneurs_lobster said:

I'm also astonished that no one here picked it up before YBS did.

It's probably because regular regular saver savers have confidence that a provider's systems are quite reliable, and certainly more reliable than the Marketing and Communications department.

Good on YBS, nonetheless, to come forward with a correction. Spare a thought for the poor sod in YBS Marketing who messed up...it is probably the last time they'd be allowed to make a mistake like this, and I hope YBS will give them another chance

I wonder if it's the same person who made this error last year with their Christmas 2023 Regular Saver/eSaver?

Probably not a person, but the system that calculates everything based on a standard 12 month lifespan of RS accounts.

Somebody will correct me if I'm wrong, but from memory this "how much will I get" section is quite new, I can't recall it appearing in 'summary box' documents some years ago.  Could it be a new regulatory requirement from FCA?

AmityNeon

flaneurs_lobster said:

Woops, someone calculated 12 months rather than 10 methinks. Unprofessional that it wasn't picked up by YBS prior to publication, they're the third largest BS in the country FGS.

I'm also astonished that no one here picked it up before YBS did.

https://forums.moneysavingexpert.com/discussion/comment/80536012/#Comment_80536012

Their revised calculation of £1,540.97 however confirms that the maturity date is actually 1st November 2024, because that figure must include interest for 31st October as well.

Kim_13

AmityNeon said:

flaneurs_lobster said:

Woops, someone calculated 12 months rather than 10 methinks. Unprofessional that it wasn't picked up by YBS prior to publication, they're the third largest BS in the country FGS.

I'm also astonished that no one here picked it up before YBS did.

https://forums.moneysavingexpert.com/discussion/comment/80536012/#Comment_80536012

Their revised calculation of £1,540.97 however confirms that the maturity date is actually 1st November 2024, because that figure must include interest for 31st October as well.

That’s a point, I noticed with 2023’s version it was also stated to mature on 31st October, but in reality matured on 1st November. It didn’t bother me, as I only had about £5 in it having used my withdrawal day to fund a fix.

Given that external payments from YBS arrive the next day, even if the account did mature on 31st October it wouldn’t be possible to use the proceeds to meet minimum pay ins for October or to utilise October’s Regular Saver allowances, as the money would arrive on 1 November. 2 November therefore doesn’t make a material difference. Anyone needing the funds by the end of October would need to use the early closure option; having not used it, I’m not sure how long it would take to process.

gelato_cat

Suzey said:

@Special_Saver2, thanks for all your hard work.

I just noticed on the Chorley site that the regular saver in your section 4 is no longer available and seems to have been replaced by this one with similar rules.  They need to receive the first deposit by 31st January and it matures on 31st December:

https://www.chorleybs.co.uk/saving/regular-saver-31-12-24/

@Special_Saver2 the above account has now gone, and has been replaced by this one which has similar rules.

https://www.chorleybs.co.uk/saving/regular-saver-31-01-2025/

They need to receive the first deposit by 29th February 2024, and the account matures on 31st January 2025.  The interest rate is 5.15% variable.

Wheres_My_Cashback

For those that don't read the EA thread...Just to add it's ONE device only, Android/iOS. Very quick to install/set up.

CREDIT to JANUSDESIGN

Coventry BS have finally launched their own app (mentioned in their members blog) - installed the android version, registered and it seems to work fine.

Hi, I’m Phil Boon, I head up our Digital teams here at CBS. I wanted to do two things in this blog. Firstly, thank you to some of you for your valuable input over the past few months in helping us shape the app. And secondly, I’m thrilled to announce the successful launch of our new app into the app store late last week. We wanted to run a few quick tests over the weekend before letting you know this morning – but I see from some of the forum posts you’ve already found it!

For those involved in the testing process to get us to this point – we couldn’t have done it without your valuable contributions and were delighted and humbled by the passion and dedication our members have shown throughout. Your insights, feedback, and commitment have been the driving force behind creating an app that we believe will enhance yours and other members digital experience with CBS.

But this is just the beginning. We have many exciting plans in store for the future, and we can’t wait to share them with you. Your continued feedback and enthusiasm will be crucial as we evolve and expand our digital offerings. We hope that the app will start or continue to be a key way you interact with us, and will provide the service you’d want to see.

Once again, thank you for being an integral part of this incredible journey. We look forward to hearing your thoughts on the app and embarking on the next chapter of innovation together.

francoghezzi

Wheres_My_Cashback said:

For those that don't read the EA thread...Just to add it's ONE device only, Android/iOS. Very quick to install/set up.

CREDIT to JANUSDESIGN

Coventry BS have finally launched their own app (mentioned in their members blog) - installed the android version, registered and it seems to work fine.

Hi, I’m Phil Boon, I head up our Digital teams here at CBS. I wanted to do two things in this blog. Firstly, thank you to some of you for your valuable input over the past few months in helping us shape the app. And secondly, I’m thrilled to announce the successful launch of our new app into the app store late last week. We wanted to run a few quick tests over the weekend before letting you know this morning – but I see from some of the forum posts you’ve already found it!

For those involved in the testing process to get us to this point – we couldn’t have done it without your valuable contributions and were delighted and humbled by the passion and dedication our members have shown throughout. Your insights, feedback, and commitment have been the driving force behind creating an app that we believe will enhance yours and other members digital experience with CBS.

But this is just the beginning. We have many exciting plans in store for the future, and we can’t wait to share them with you. Your continued feedback and enthusiasm will be crucial as we evolve and expand our digital offerings. We hope that the app will start or continue to be a key way you interact with us, and will provide the service you’d want to see.

Once again, thank you for being an integral part of this incredible journey. We look forward to hearing your thoughts on the app and embarking on the next chapter of innovation together.

Installed in 2 minutes, works absolutely fine

friolento

francoghezzi said:

Wheres_My_Cashback said:

For those that don't read the EA thread...Just to add it's ONE device only, Android/iOS. Very quick to install/set up.

CREDIT to JANUSDESIGN

Coventry BS have finally launched their own app (mentioned in their members blog) - installed the android version, registered and it seems to work fine.

Hi, I’m Phil Boon, I head up our Digital teams here at CBS. I wanted to do two things in this blog. Firstly, thank you to some of you for your valuable input over the past few months in helping us shape the app. And secondly, I’m thrilled to announce the successful launch of our new app into the app store late last week. We wanted to run a few quick tests over the weekend before letting you know this morning – but I see from some of the forum posts you’ve already found it!

For those involved in the testing process to get us to this point – we couldn’t have done it without your valuable contributions and were delighted and humbled by the passion and dedication our members have shown throughout. Your insights, feedback, and commitment have been the driving force behind creating an app that we believe will enhance yours and other members digital experience with CBS.

But this is just the beginning. We have many exciting plans in store for the future, and we can’t wait to share them with you. Your continued feedback and enthusiasm will be crucial as we evolve and expand our digital offerings. We hope that the app will start or continue to be a key way you interact with us, and will provide the service you’d want to see.

Once again, thank you for being an integral part of this incredible journey. We look forward to hearing your thoughts on the app and embarking on the next chapter of innovation together.

Installed in 2 minutes, works absolutely fine

App not working if you use NordVPN